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Evergrande Real Estate Group
China detains executive of Evergrande’s electric vehicle unit
...No further details were disclosed about the allegations or the “measures” concerning Hui....
January 8, 2024
Chinese economy
China sets ‘ambitious’ 5% growth target and flags risks to economy
...Hui Shan, chief China economist at Goldman Sachs, noted that the last time China used special treasury bonds was in 2020, during the pandemic....
March 5, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Xiaomi Corp
China’s smartphone maker Xiaomi bets on EVs even as Apple pivots
...“They didn’t leave much space for the SU7,” Li noted....
March 29, 2024
HTSI
Sculpt fiction: make shapes with fashion’s sharpest silhouettes
...Dior Joaillerie white-gold and diamond Bois de Rose earrings, £24,200 JW Anderson padded nylon top and matching trousers, both POA. Martine Rose x Clarks leather brogues, £260....
April 10, 2024
Luxury goods
Diamonds lose sparkle in China amid property woes and marriage drought
...Al Cook, chief executive of De Beers, the world’s largest diamond miner by value, said Chinese demand had been dragged down by a fall in the number of new homeowners, a shift towards consumers buying gold...
March 15, 2024
News in-depthChinese economy
China warns west of ‘survival of the fittest’ as manufacturing boosts economy
...“The drivers are pretty clear — more production and exports helped along with more investment on the manufacturing front,” said Hui Shan, chief China economist at Goldman Sachs....
April 17, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Chinese economy
Li Qiang says China’s economy grew an ‘estimated’ 5.2% in 2023
...Ursula von der Leyen, president of the European Commission, who spoke after Li, responded: “We want to tell our Chinese friends, we do not want to decouple but we need to de-risk our supply chains in some...
January 16, 2024
News in-depthChinese trade
Li Qiang hails China’s friendly ties with Ireland as a ‘good example’
...“There is a risk that the [EU’s] de-risking strategy will spill over into protectionism against China,” said one Chinese official in Europe, who asked not to be identified....
January 17, 2024
Chinese military
Xi tightens grip on China’s military with new information warfare unit
...The space and cyber forces would also be brought under a new command structure, it said, de facto abolishing the Strategic Support Force....
April 19, 2024
Artificial intelligence
Banking watchdog warns on AI as global leaders gather in Davos
...De Cos said the Basel Committee would publish a report on the financial stability implications of AI in the coming months....
January 15, 2024
Evergrande Real Estate Group
‘Crimes’ probe into Evergrande founder adds to pressure over $300bn debt woes
...Additional reporting by Gloria Li in Hong Kong and Cheng Leng in London...
September 29, 2023
News in-depthChinese economy
China’s economy faces ‘critical year’ to dispel deflation and revive confidence
...In a speech at the World Economic Forum in Davos, Premier Li Qiang said on Tuesday that China’s gross domestic product grew an “estimated” 5.2 per cent last year....
January 16, 2024
News updates from July 24: Credit Suisse fined $388mn over Archegos collapse; Israel passes controversial judicial overhaul law
Chinese property stocks decline as debt gloom deepens
...The Hang Seng Mainland Properties Index dropped 4.9 per cent despite measures announced by the State Council, the country’s de facto cabinet, to support the redevelopment of some urban areas on Friday....
July 24, 2023
Chinese economy
China’s premier criticises west’s de-risking drive at ‘Summer Davos’
...China’s premier Li Qiang has criticised a western push to limit trade and business ties with the country and promoted international economic co-operation in a speech that described de-risking as a “false...
June 27, 2023
ReviewNon-Fiction
The Worlds I See — keeping the human at the heart of AI
...Her coping mechanism was to escape into literature, a passion she passed on to her daughter, who devoured the Chinese translations of Simone de Beauvoir, Charles Dickens and Ernest Hemingway....
November 1, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Electric vehicles
China attacks EU’s ‘naked protectionist act’ on electric cars
...European Commission president Ursula von der Leyen announced the investigation on Wednesday, kicking off what might be one of the most serious battles with Beijing in the bloc’s efforts to “de-risk” from...
September 14, 2023
Special ReportFuture of Water
Climate change puts pressure on Kenya’s water resources
...The country’s large dams can currently store about 4 cubic kilometres, de Waal says....
March 22, 2024
Art Basel Hong Kong 2024
Art Basel Hong Kong offers encounters with tapestries, tombstones and rabbits
...Beijing-born hyperrealist sculptor Li Wei (Tang Contemporary Art) spookily reincarnates six western world leaders as seven-year-olds, unleashing them in a Hong Kong playground....
March 23, 2024
Live news updates from May 18: Chipmakers signal Japan expansion plans, Walmart exceeds forecasts
Ukraine reaffirms position on peace to Chinese envoy
...The foreign ministry in Kyiv issued the statement following a two-day visit to the Ukrainian capital by Li Hui, Chinese leader Xi Jinping’s special envoy....
May 18, 2023
#techAsia
Huawei’s comeback and Japan’s time to shine Premium content
...But the bloc’s heavy trade dependence with China means any “de-risking” moves will be far from simple....
October 12, 2023
Automobiles
German carmakers in the line of fire of possible EU-China trade war
...Both Carlos Tavares, the boss of Peugeot owner Stellantis, and Renault’s chief executive Luca de Meo have warned that European manufacturers face a tough challenge as Chinese rivals show up on their turf...
September 19, 2023
War in Ukraine
China to send special envoy to seek ‘political settlement’ to Ukraine war
...Li Hui, a former Chinese ambassador to Moscow, will visit Ukraine, Poland, France, Germany and Russia from Monday, spokesperson Wang Wenbin announced at a press conference....
May 12, 2023
Evergrande Real Estate Group
Restructure or liquidate? Deadline looms for China’s Evergrande
...Additional reporting by Cheng Leng, Gloria Li and Hudson Lockett in Hong Kong...
December 1, 2023
News in-depthEU-China relations
China’s premier avoids ‘factional confrontation’ with Europe on maiden trip
...Some say the Chinese side is overestimating its ability to build a coalition with European companies against de-risking. “Li’s line that the business community does not want to de-risk is nonsense....
June 24, 2023
News in-depthChinese economy
China hopes Golden Week holiday will deliver economic boost
...“I am not visiting Hong Kong to splash money,” said Li. “I mainly came to have fun.”...
September 29, 2023

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